Accordingly, in addition to organizations, units, businesses, households and individuals being directly leased land by the State under a decision, or under a contract of a competent state agency in the form of annual land tenants, this decision also applies to cases where the tenant is not eligible for land rent exemption or reduction and the land tenant is receiving a reduction in land rent in accordance with the land law and other relevant laws.
The decision stipulates a 30% reduction in payable land rent in 2021 but no reduction on the outstanding land rent of the years before 2021 and late payment interest (if any). In case the land renter is receiving a reduction in land rent as prescribed, the 30% reduction of the land rent is calculated on the payable land rent after it has been reduced in accordance with the law.
In case the land tenant has been decided by a competent authority to reduce the land rent according to the provisions of this decision, but then the state management agency discovers through inspection and examination that the land tenant does not belong to the case eligible for reduction, the land tenant must return the reduced land rent to the state budget and pay late payment interest calculated on the reduced amount in accordance with the law on tax administration.
In case the land tenant has paid the land rent for the year 2021, but when the competent authority determines and decides to reduce the land rent, there is an excess of the land rent, the overpaid amount will be deducted from the land rent of the next period or next year; in case there is no longer a period to pay the next land rent, the overpaid amount will be refunded according to the provisions of the law on tax administration and other relevant laws.
HH